Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Impact Investor responsAbility Appoints Nadia Nikolova as New CEO

July 3, 2025

IKEA to Cut 1,400 Tons of Plastic Annually with Paper-Based Fitting Bags

July 3, 2025

Salesforce Launches Agentforce to Automate Sustainability Disclosures and Unlock Emissions Insights

July 3, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Pakistan rolls out new EV policy with over 300 bn euros in subsidies
Battery / Storage Tech

Pakistan rolls out new EV policy with over 300 bn euros in subsidies

omc_adminBy omc_adminJune 23, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Demonstrating a fresh commitment to sustainable mobility, Pakistan has introduced the National Electric Vehicle (NEV) Policy 2025–30. The country plans to allocate over 100 billion rupees (approx. 306 million euros) in EV subsidies.

Pakistan aims to convert 30% of all new vehicle sales to electric models by 2030, Haroon Akhtar Khan, the Special Assistant to the Prime Minister on Industries and Production, stated during the press conference on the new EV policy. “This policy is not merely a statement of intent — it is the blueprint for Pakistan’s clean energy revolution,” he said.

Initially, in the next financial year, Pakistan plans to allocate nine billion rupees (approx. 28 million euros) in EV subsidies. The government says this amount will cover 116,053 electric motorcycles and 3,171 electric rickshaws, but it has yet to reveal the quota for electric cars. It will provide a subsidy of 65,000 rupees (approx. 200 euros) for electric two-wheelers, 400,000 rupees (approx. 1,200 euros) for electric three-wheelers, and 15,000 rupees (approx. 50 euros) per kilowatt-hour for four-wheelers. Additionally, it will offer free registration for eligible electric vehicles.

In addition to subsidising electric vehicles, Pakistan is working on improving the charging infrastructure. It plans to set up 40 new charging stations roughly every 105 kilometres along highways, part of its target of establishing 3,000 charging stations nationwide by 2030. Moreover, the government plans to introduce battery-swapping systems and vehicle-to-grid (V2G) schemes and make charging points compulsory in new buildings as part of the new EV policy.

Khan said Pakistan is providing incentives to manufacturers to push localisation and expects them to achieve more than 90% localisation for electric two- and three-wheelers within three years. The government estimates the new step forward in sustainability will help reduce 2.07 billion litres of fuel imports annually, translating to almost one billion dollars (approx. 868 million euros) in foreign exchange savings.

According to a report from Arab News, Pakistan currently has approximately 70,000 electric motorcycles, 5,200 electric cars, and 450 electric buses. With the further penetration of EVs after launching the new EV policy, Khan expects the country to lower carbon emissions by 4.5 million tonnes and reduce healthcare-related costs by 405 million dollars (approx. 351 million euros) annually.

radio.gov.pk, gov.pk, arabnews.com



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

US startup Lyten to take over Northvolt’s energy storage systems factory in Poland

July 1, 2025

Berlin to gain 270 more articulated electric buses from Solaris

July 1, 2025

BYD to invest $94 million to triple electric bus output in Hungary

June 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20254 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20253 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

IKEA to Cut 1,400 Tons of Plastic Annually with Paper-Based Fitting Bags

By omc_adminJuly 3, 2025

IKEA Components will replace plastic fitting bags with paper-based alternatives during FY25, reducing virgin plastic…

Salesforce Launches Agentforce to Automate Sustainability Disclosures and Unlock Emissions Insights

July 3, 2025

Nuclear Regulatory Commission Advances New Microreactor Policies

July 3, 2025

Sentiment sours in the US oil patch amid low crude prices

July 3, 2025
Top Trending

Impact Investor responsAbility Appoints Nadia Nikolova as New CEO

By omc_adminJuly 3, 2025

Europe’s extreme pollen triggered symptoms in those not known to have allergies, data shows | Hay fever

By omc_adminJuly 3, 2025

UBS Raises $100 Million for SDG-Focused Blended Finance Fund

By omc_adminJuly 3, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

Microsoft Plans to Replace Laid-Off Salespeople With Technical Roles

July 3, 20250 Views
Our Picks

USA Crude Oil Inventories Rise by Almost 4MM Barrels WoW

July 3, 2025

Eni Next, Azimut Partner to Accelerate Clean Tech Deployment

July 3, 2025

SP Energy Networks Earmarks $1.9B For Scottish Grid Upgrades

July 3, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.